It’s not just cash-strapped millennials worried about housing affordability

Here's your plan to protect your money and your mental health.. millennials entered the workforce in 2008 amid the worst economic crisis since the Depression, and they've been. “This is not a lower economic problem.. housing, apparel, transportation, and health care, per the Bureau of Labor Statistics.

"With spring "home buying season" just around the corner, the supply of starter homes is down more than 14% from last year, MarketWatch reports.. High housing prices hard on millennials.

The millennials who are the most vocal about how things are changing too fast in their neighborhoods: those in Pierce County; Millennials, generally strapped for cash, overwhelmingly want rent control. Concerned as they are about cost of living, millennials emphatically don’t want affordability to come at the expense of sprawl.

A new generation of cash-strapped 'millennials' have very different expectations about jobs, credit and money. As Michelle Fleury reports, they are using the.

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Just 9 percent of millennials surveyed described the area as an affordable place to live. When asked what issues were most important to them, millennials listed job availability first with cost of.

Meet the frugal millennials planning for Decades of Retirement. The time and care that she devotes to making it. skills are filling the void left by the disappearance of affordable housing, stable jobs, decent incomes, and benefits.. of the cash-strapped middle classes-let alone the working poor.

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Well, yeah, that’s what I was saying. The problem isn’t that millennials can’t afford to buy homes, it’s that they can’t afford to buy them where they want to live. And to be fair, it’s not just millennials. Anyone who is a renter lives in or is moving to a high demand area is going to be unable to afford a house.

Millennials will not save housing. Millennials are not going to save the housing market. Will they buy homes in other parts of the country where the typical home costs something like $230,000? Maybe. But that is a stretch for someone that is barely scraping buy. That is why we are facing rental Armageddon.

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